3751 N Marshfield Avenue Chicago, IL $ 4,150,000
3751 N Marshfield Avenue
$ 4,150,000
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3751 N Marshfield Avenue

Chicago, IL, 60613
$ 4,150,000
Bedrooms9 Baths0.0 Sq 15,449

Monthly Estimate*

$ 25,891

3751 N Marshfield Avenue, Chicago, IL 60613 - Image 1
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3751 N Marshfield Avenue, Chicago, IL 60613 - Image 9
3751 N Marshfield Avenue, Chicago, IL 60613 - Image 10
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Multi-Family Home for sale in Chicago, IL

for $4,150,000 with 9 bedrooms. This 15,449 square foot home was built in 1929 on a lot size of 0.13.

LAKEVIEW / WRIGLEYVILLE VALUE-ADD OPPORTUNITY! Investor's dream asset positioned on the corner of Marshfield & Grace in one of Chicago's most dynamic and high-demand neighborhoods. This impressive multi-family building currently features 13 units plus one additional non-conforming garden studio, totaling 14 spacious units. The diverse unit mix includes one, two, and three-bedroom apartments. The property offers an excellent value-add play with significant upside potential. Investors can realize high returns through strategic management, raising current below-market rents to market levels in existing condition, or improving to further maximize rental income via a cosmetic update to the units. Residents benefit from exceptional walkability to Wrigley Field, Lake Michigan, premier retail, and a vibrant dining scene along the Southport Corridor, Clark Street, and Addison Street. Transit access is superb, with the Addison and Sheridan CTA Red Line Stations, Irving Park and Addison Brown Line Stations and multiple bus stops just steps away. This is a stabilized asset with significant potential, capitalizing on a prime Lakeview location.

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Multi-Family Active

Price

$ 4,150,000

Bedrooms

9

Property Type

Multi-Family

Taxes

$ 46,583

Style

Lot Size

0.13

Year Built

1929

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12515144

Features
General
Cooling Window Unit(s)
Zoning MULTI
Construction Materials Brick
Year Built 1929
Electric Separate Meters
Tenant Pays Electricity
Stories Count 3
Township Lake View
Tax Year 2023
Gross Income 292140
County Cook
Net Operating Income 170890
Operating Expense 123556
Insurance Expense 12294
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 7357
Status Active
Directions W Grace and N Marshfield right off of Ashland
City Chicago
Number Of Units Total 13
MLS Area CHI - Lake View
Lot Size Square Feet 6028
Tax Annual Amount 46583
Electric Expense 2644
Fuel Expense 14247
Trash Expense 5797
Water Sewer Expense 7038
Additional Parcels Y/N N
Standard Status Active
Cap Rate 4.12
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Exterior
Building Area Total 15449
Lot Dimensions 50x120
Lot Size Acres 0.13
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* Excluded Features
List By
Triton Realty Group Llc

Broker

harrison@tritonrealtygroup.com

Email

Affordability Calculator

$29,773
Per Month
87%
13%
0%
Monthly Principal & Interest
$25,891
Monthly Property Taxes
$3,882
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/11/2025$4,150,000 Listed Price

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3751 N Marshfield Avenue, Chicago, IL, 60613 is a Multi-Family Home for sale at $4,150,000 with 15,449 sqft and a lot size of 0.13. 3751 N Marshfield Avenue has 9 bedrooms, 0.0 baths, and was built in 1929. The property's zip code is 60613 which is in Chicago, IL